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International Business Times UK
International Business Times UK
Vinay Patel

Disney to Axe 1,000 Jobs in Brutal Layoff Blow—Department Set to Take Biggest Hit Revealed

Disney Josh DAmaro Asad Ayaz Bob Iger Paramount CBS News The Walt Disney Company
Disney's new CEO D'Amaro focuses on collaboration and job growth, but faces the challenge of reviving the company's declining share price. (Credit: X/@ShawnNOrlando)

The entertainment world was shaken this week when Disney announced a significant reduction in its global headcount. Executed as part of a broader cost-cutting initiative, the move aims to streamline operations across several key divisions.

While the news has left many employees in suspense, the specific area bearing the brunt of these cuts has finally come to light.

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